CargoX aims to disrupt the global logistics industry by replacing legacy paper Bill of Lading documents with Smart B/L Contract based on blockchain technology to able to state and transfer cargo ownership rights without the hassle of handling paper. CargoX brings benefits of substantial increase in speed and security, and 10x cost reduction. CargoX has a viable business model, no competition and wide industry support - including already confirmed 2018/Q2 pilot deployment.
Bitforex Token (BF) is token issued by BitForex Exchange, it is the proof of platform ownership. BF are issued mainly through trade mining, community and ecosystem mutual construction, and being released gradually. BitForex will use 80% of the trading fees as BF buy-back. In the future, BF holders will have the right to participate in platform building major decisions and community management.